Stock Market Today: Dow Futures Edge Lower
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U.S. stock futures were barely changed Thursday in Europe after lingering concerns about the AI-fueled boom knocked the tech sector again in Wednesday’s session. Fed Chair Jerome Powell, under pressure to cut rates in September,
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Investor's Business Daily on MSNDow Jones Futures Await Fed Chief Powell's Speech; Nvidia Said To Halt AI Chip
Dow Jones futures were little changed, along with S&P 500 futures and Nasdaq futures, with investors awaiting Fed chief Jerome Powell's Jackson Hole speech Friday morning. Nvidia, Google and Meta Platforms were in focus overnight.
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
U.S. stock-index futures remained lower after data showed first-time jobless claims last week rose to 235,000, up from 224,000 the previous week and above economist expectations for 225,000.
US stock futures decreased amidst concerns over disappointing retail earnings and anticipation for insights from the Federal Reserve. Target shares plummeted while Lowe's rose. Tech stocks also saw declines as investors reassess valuations ahead of crucial Fed meeting minutes.
Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.
Futures for the main stock indexes were mostly pointing down after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple,
Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.
Shares of energy companies rose alongside oil futures. Oil futures added to the previous day's gains following the large export-led drawdown in U.S. crude oil inventories, but remain rangebound with the market awaiting developments on the Russia-Ukraine situation.